MCAs use a factor rate instead of a traditional interest rate. This factor rate, along with the total amount borrowed, determines your overall repayment.
Factor rates typically range from 1.1 to 1.5.
To calculate total payback: multiply your funding amount by the factor rate.
Example: $10,000 advance x 1.3 factor rate = $13,000 total payback.
Payments are taken as a percentage of daily or weekly sales, not fixed amounts.
We’re transparent about all rates and fees upfront, so you know exactly what you’re paying and how it’s structured.